Opportunities to use Excess Geothermal to Produce Green Hydrogen
Latin America and the Caribbean
June 15, 2023The Inter-American Development Bank had contracted a team of firms consisting of K&M, GeothermEx, and POWER Engineers to assess the potential uses of excess geothermal energy in the Eastern Caribbean. The general objective of this consultancy was to assess options for exporting excess geothermal energy in the Eastern Caribbean. The specific objectives of this consultancy were to carry out an infrastructure and investment assessment for green hydrogen production in the Eastern Caribbean based on geothermal energy generation, as well as develop a business model for a green hydrogen network in the region. K&M was responsible for estimating the volume of green hydrogen that could have been produced from excess geothermal power in the Eastern Caribbean, determining the investment needs to produce green hydrogen from geothermal sources, estimating the levelized cost of green hydrogen, and proposing a preliminary business model for a green hydrogen network in the Eastern Caribbean.